Kathmandu. Us President Donald Trump’s tariffs have created a lot of uncertainty, the Federal Reserve has said.
Fed Chairman Jerome Paul made this statement public. “Tariffs imposed in different countries have created uncertainty in the country’s economy,” Paul said, adding that the Fed is in a dilemma on how to move forward. That is why we have decided to keep the interest rate stable. ’
At present, the us main interest rate is 4.3 percent. The Fed has decided to continue this interest rate.
Powell said Trump’s tariffs would increase inflation, slow the economy and increase unemployment. -Agency
